Leverage isn’t a bad thing

[Vaabum]

Not bad, but rather requires a certain responsibility and knowledge of the work process. These are slightly different things, though.

[FXOpen Trader]

On 3/8/2022 at 11:27 PM, Vaabum said:

Not bad, but rather requires a certain responsibility and knowledge of the work process. These are slightly different things, though.

Forex trading will start giving us the profits when we will use the correct trading systems.

[Vaabum]

This is a really good option. At least with the right approach, the result can be quite interesting and profitable.

[bigxy]

On 3/7/2022 at 5:24 PM, Vaabum said:

For work, this is a fairly good option, but it requires an understanding of how to work with it correctly.

We can back test the same to confirm if it is working properly or not.

[Vaabum]

I think not really. In my opinion, with the right approach, the result can be quite good.

[FXOpen Trader]

On 3/16/2022 at 11:19 PM, Vaabum said:

I think not really. In my opinion, with the right approach, the result can be quite good.

We have to make use of the correct leverage settings so t hat the risks will come down for us.

[Vaabum]

When used correctly, the result can be quite good. It is important to know how to use it correctly.

[uncle gober]

The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Vaabum]

With the right approach, this is quite good. It is important to know how to use it correctly in order to achieve the desired result.

[FXOpen Trader]

19 hours ago, Vaabum said:

With the right approach, this is quite good. It is important to know how to use it correctly in order to achieve the desired result.

We need to use a trading strategy that is easy to understand and will start giving us the required amounts of profits on time.

[Vaabum]

I think it's definitely not bad. If, with the right approach, a strategy can bring a good result, how can it be called bad?

[bigxy]

12 hours ago, FXOpen Trader said:

We need to use a trading strategy that is easy to understand and will start giving us the required amounts of profits on time.

Right after we conclude a profitable trading strategy we still have to back test it before implementing it live and when applying on the live trading we should better wait for the confirmations to get into any trades.

[Vaabum]

It is important to understand that you need to be able to use it correctly. Otherwise, the result will not be particularly positive.

[uncle gober]

a good and correct understanding must indeed be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Vaabum]

This kind of work is pretty good. More importantly - to be able to work with it correctly.

[John22]

On 4/1/2021 at 6:32 AM, ThomasFernandez said:

Using leverage is not a bad option if you know the risks and use money management skills to avoid major losses. Leverages also have their advantages, and disadvantages like using higher leverage can bring higher loss or profit.

It becomes a problem when it's too much, because the higher the leverage the higher the risk of losing it all when the market goes against you.

[Vaabum]

With the right approach, definitely. On the contrary, it can even bring quite a good result.

[Ritesh.R]

Leverage is not as bad as it seems, but it does have certain risks involved in it. Using higher leverage without a good plan or strategy can lead to major losses.

Whereas with a good strategy and plan, it is possible to gain double the profits of the invested capital.

[Vaabum]

I would say that there are no bad tools - there are bad traders who misuse these tools.

[uncle gober]

The selection of the existing broker must be able to be considered carefully, this is done so that traders can get more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Vaabum]

I think that with the right approach, it is rather the other way around - very good and can have a good result.

[RodriJames12]

Leverage is not bad. It has its own advantages and disadvantages, like using higher leverage can bring in instant profits or losses based on your trading skills.

[boltushkin]

Definitely, it magnifies losses as well as profits. In the end it all comes down to risk management - there are ways to use leverage recklessly, and there are ways to use it in a smart way.

[Vaabum]

I think that with the right approach, the result can be more than positive. But again, it depends on the trader.